Novelis Reports Strong Net Income for Third Fiscal Quarter Despite Seasonally Lower Volumes
February 19, 2010 by
Filed under american debt consolidation
Novelis Reports Strong Net Income for Third Fiscal Quarter Despite Seasonally Lower Volumes
Novelis Inc., the world’s leading producer of aluminum rolled products, today reported net income attributable to its common shareholder of $68 million for the third quarter of fiscal 2010, a significant increase when compared to the net loss of $1.8 billion reported for the same period a year ago. Â The prior year results include non-cash, pre-tax impairment charges of $1.5 billion and $463 …
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